As economic conditions worsen and unemployment goes up, more and more people are asking, "How can I make money online?" Many are discovering that the best way is through niche affiliate marketing.
Niche affiliate marketing is done in three simple steps - find a niche, join an affiliate program, and market its product.
A niche is simply a small part of a particular market. For example, women's running shoes would be a niche within the larger shoe market. Indoor leather basketballs would be a niche of the basketball market or the sporting goods market.
Finding a strong niche is a key part of making money online. Choosing wisely will make it easier to market products as an affiliate.
Look for a niche that's big enough to have plenty of potential buyers, but not so large that there is too much competition. Guitars, or even acoustic guitars, might be too competitive. Left-handed acoustic guitars might be less competitive but still have enough prospective customers.
You also want a niche that includes products that people buy online. Stainless steel appliances might have little competition on the web, but that's probably because very few people purchase them online.
Another characteristic of a good niche is the emotional attachment people have with the products or what they can do for them. Diet products sell because of how people will feel if they lose weight.
Once you've identified a niche, you'll want to find an affiliate program to join. Many Internet marketers prefer information products, such as e-books, but others have found success marketing tangible products.
The easiest way to find affiliate programs is to search on the web for your niche + affiliate program. Many traditional retail stores now offer affiliate programs.
After you have joined the affiliate program, you can start marketing its product or services. One of the best and least expensive ways to do that is through article marketing.
Article marketing is simply writing articles that provide information to potential customers. The articles include links to a website with more information and an offer for a product or service. Readers who found helpful information in the article and on the website often consider purchasing something that will help them even more.
Training and commitment can make niche affiliate marketing your answer to "How can I make money online?"